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Hanover Capital Partners Joins BlitzDocs® Collaborative Network
Paperless solution streamlines quality control and due diligence processes
ATLANTA, Nov. 28, 2006 - Advectis®, Inc., provider of the most widely-used solution for electronic mortgage document collaboration, announced that New Jersey-based Hanover Capital Partners has selected BlitzDocs® Collaboration Suite as its corporate document imaging solution for providing due diligence and quality control (QC) services for their investor customers. Hanover Capital Partners has also become a BlitzDocs Certified QC Provider and BlitzDocs Certified Due Diligence Provider.
As a certified provider on the BlitzDocs collaborative document network, Hanover Capital Partners is prepared to receive imaged loan folders from lenders using BlitzDocs to perform QC and due diligence review. With a single mouse click, lenders and investors can deliver imaged loan folders electronically to Hanover Capital Partners.
“At Hanover Capital Partners, our primary objective was to deploy a proven, Web-based solution that could be easily accessed by all of our customers,” said Joyce Mizerak, president of Hanover Capital Partners. “We selected BlitzDocs for its unique imaging management capabilities and the large base of lender and investor customers on the network. With the BlitzDocs on-demand solution, we will provide better service and faster turn-time to our customer base, augmenting the most comprehensive services available to the mortgage industry.”
BlitzDocs supports flow, bulk or mini-bulk packaging and delivery of electronic loan folders. The Web-based solution automatically maps document types, names and stacking orders between parties. BlitzDocs also enables automatic bi-directional synchronization of documents between parties, sophisticated stipulations management and anytime, anywhere access to electronic loan folders.
“The addition of Hanover Capital Partners as a BlitzDocs Certified Due Diligence Provider illustrates the growing market adoption of BlitzDocs as the leading collaborative document network,” said Mike Parham, vice president of business development at Advectis. “Our mutual customers benefit from significant cost reductions and streamlined workflow associated with quality control and due diligence processes.”
About Hanover Capital Partners
Hanover Capital® Partners, founded in 1989, is a premier provider of due diligence, quality control, consulting services and staffing solutions to the mortgage community. Combining decades of capital markets trading experience with portfolio due diligence and state of the art analytics, we provide our clients with the most comprehensive services available to the mortgage industry. For more information call Rich Martinelli at 732.393.3039 or visit www.hanovercapital.com.
About Advectis, Inc.
Advectis, Inc. provides the mortgage industry's most widely-used solution for electronic document collaboration. The Web-based BlitzDocs Collaboration Suite provides access to the BlitzDocs collaborative electronic document network where participants capture, submit, underwrite, audit, share, deliver and archive loan documents. BlitzDocs customers benefit from a network with more than 20,000 broker shops, the top seven mortgage insurance companies and three of the top due diligence providers. Collectively, BlitzDocs investor participants represent more than 50 percent of loans purchased in the secondary market. For more information call (877) 200-8700 or visit www.advectis.com.
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